27
May
Sustainable sourcing platform Circular Exchange Inc., which does business as Circular.co, said today it has raised $10.5 million to expand its database of post-consumer recycled materials and its platform for streamlining the purchase and sale of PCR materials. The company said it will use the funding to expand its platform beyond plastics to include paper and metals, add more customers and suppliers and enhance its platform. Circular is addressing what is says is a frantic effort by businesses to meet plastic reduction and net zero emissions targets. Only 18% of companies are on track to reach net zero emissions goal…